insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-au‘Near monopoly’ keeps premiums high for tattoo artistshttps://www.insurancenews.com.au/the-broker/near-monopoly-keeps-premiums-high-for-tattoo-artistshttps://www.insurancenews.com.au/the-broker/near-monopoly-keeps-premiums-high-for-tattoo-artists<p>The Australian Tattooists Guild says the &ldquo;effective operation of a near monopoly&rdquo; in the insurance market has kept premiums unaffordable for its members...</p>Thu, 07 May 2026 02:18:33 GMTRenewing clients urged to look beyond ‘typical’ market outlookshttps://www.insurancenews.com.au/the-broker/renewing-clients-urged-to-look-beyond-typical-market-outlookshttps://www.insurancenews.com.au/the-broker/renewing-clients-urged-to-look-beyond-typical-market-outlooks<p>Market trends and past rate changes offer some guidance ahead of renewals but do not always provide a complete picture to help insureds secure optimal results, according to an Aviso Specialty report...</p>Thu, 07 May 2026 01:42:08 GMTCoalition to run commercial cyber for Allianzhttps://www.insurancenews.com.au/the-broker/coalition-to-run-commercial-cyber-for-allianzhttps://www.insurancenews.com.au/the-broker/coalition-to-run-commercial-cyber-for-allianz<p>Allianz has agreed to move its standalone commercial cyber insurance business to US-based Coalition...</p>Thu, 07 May 2026 01:40:51 GMTSerial late payer wins cow crash rowhttps://www.insurancenews.com.au/the-broker/serial-late-payer-wins-cow-crash-rowhttps://www.insurancenews.com.au/the-broker/serial-late-payer-wins-cow-crash-row<p>A farm pack policyholder will be covered for vehicle damage caused by his cow despite failing to pay a renewal premium before the due date...</p>Thu, 07 May 2026 01:40:41 GMTAI-powered tool helps Gallagher score client riskhttps://www.insurancenews.com.au/the-broker/ai-powered-tool-helps-gallagher-score-client-riskhttps://www.insurancenews.com.au/the-broker/ai-powered-tool-helps-gallagher-score-client-risk<p>Gallagher says its new Blueprint tool can &ldquo;help clients strengthen their risk profile and structure stronger, cost-efficient insurance programs&rdquo;...</p>Thu, 07 May 2026 01:40:22 GMTAviso Specialty fills people risk rolehttps://www.insurancenews.com.au/the-broker/aviso-specialty-fills-people-risk-rolehttps://www.insurancenews.com.au/the-broker/aviso-specialty-fills-people-risk-role<p>Aviso Specialty has appointed Neil Robinson as national manager for people risk solutions...</p>Thu, 07 May 2026 01:39:56 GMTFM rolls out a cover made for manufacturershttps://www.insurancenews.com.au/the-broker/fm-rolls-out-a-cover-made-for-manufacturershttps://www.insurancenews.com.au/the-broker/fm-rolls-out-a-cover-made-for-manufacturers<p>Commercial property insurer FM has launched a product for manufacturers with risk profiles of &ldquo;medium complexity&rdquo;...</p>Thu, 07 May 2026 01:39:25 GMTMarathon manager raises more than $8k for Black Dog Institutehttps://www.insurancenews.com.au/the-broker/marathon-manager-raises-more-than-8k-for-black-dog-institutehttps://www.insurancenews.com.au/the-broker/marathon-manager-raises-more-than-8k-for-black-dog-institute<p>DLB Insurance &amp; Risk Solutions MD Dean Bowen will run the Gold Coast Marathon in July to support men&rsquo;s mental health...</p>Thu, 07 May 2026 01:38:49 GMTIndustry bodies bemoan ‘killer’ premiums as inquiry hearings beginhttps://www.insurancenews.com.au/daily/industry-bodies-bemoan-killer-premiums-as-inquiry-hearings-beginhttps://www.insurancenews.com.au/daily/industry-bodies-bemoan-killer-premiums-as-inquiry-hearings-begin<p>High insurance premiums are a &ldquo;real killer&rdquo; for small businesses, a federal parliamentary inquiry heard today...</p>Wed, 06 May 2026 06:24:36 GMTPrices ‘continue to soften’ but war casts shadow over markethttps://www.insurancenews.com.au/daily/prices-continue-to-soften-but-war-casts-shadow-over-markethttps://www.insurancenews.com.au/daily/prices-continue-to-soften-but-war-casts-shadow-over-market<p>Australian pricing fell 11%-20% in the first quarter amid abundant capacity and broader coverage, while the Middle East conflict adds uncertainty to the global outlook, according to an Aon report...</p>Wed, 06 May 2026 05:43:18 GMT‘Dynamic leader’ takes reins as Sedgwick fills top jobshttps://www.insurancenews.com.au/daily/dynamic-leader-takes-reins-as-sedgwick-fills-top-jobshttps://www.insurancenews.com.au/daily/dynamic-leader-takes-reins-as-sedgwick-fills-top-jobs<p>Sedgwick has made Simon Kay CEO of its Australian business under a new leadership line-up following the retirement last year of former chief Diego Ascani...</p>Wed, 06 May 2026 05:41:45 GMTINsight podcast: talking affordability action planshttps://www.insurancenews.com.au/daily/insight-podcast-talking-affordability-action-planshttps://www.insurancenews.com.au/daily/insight-podcast-talking-affordability-action-plans<p>Home insurance affordability challenges and what to do about them are discussed in detail on the latest episode of the Insurance News podcast...</p>Wed, 06 May 2026 03:46:13 GMTicare executive roles hit by 'changes'https://www.insurancenews.com.au/daily/icare-executive-roles-hit-by-changeshttps://www.insurancenews.com.au/daily/icare-executive-roles-hit-by-changes<p>An unspecified number of high-level icare staff will be affected by changes announced today by the NSW state insurer...</p>Tue, 05 May 2026 06:25:19 GMTLawyers slam industry as small business inquiry starts hearingshttps://www.insurancenews.com.au/daily/lawyers-slam-industry-as-small-business-inquiry-starts-hearingshttps://www.insurancenews.com.au/daily/lawyers-slam-industry-as-small-business-inquiry-starts-hearings<p>A federal parliamentary inquiry into insurance challenges facing small businesses, charities and community groups will begin public hearings tomorrow as lawyers argue against &ldquo;cutting compensation rights&rdquo;...</p>Tue, 05 May 2026 06:12:06 GMTHalf measure a fair remedy for insured’s double troublehttps://www.insurancenews.com.au/daily/half-measure-a-fair-remedy-for-insured-s-double-troublehttps://www.insurancenews.com.au/daily/half-measure-a-fair-remedy-for-insured-s-double-trouble<p>The industry ombudsman has backed an insurer in a dispute over dual insurance, after a property owner accidentally doubled up on home and contents policies...</p>Tue, 05 May 2026 06:11:52 GMTAllied World adds third Australian branchhttps://www.insurancenews.com.au/daily/allied-world-adds-third-australian-branchhttps://www.insurancenews.com.au/daily/allied-world-adds-third-australian-branch<p>Allied World has opened an office in Melbourne as part of a broader strategy to strengthen its position in key regional markets...</p>Mon, 04 May 2026 23:17:50 GMTCouncils ‘more resolved’ to pursue regional mutualhttps://www.insurancenews.com.au/local/councils-more-resolved-to-pursue-regional-mutualhttps://www.insurancenews.com.au/local/councils-more-resolved-to-pursue-regional-mutual<p>A group of regional councils are continuing to explore a mutual insurance option after a roundtable last week highlighted frustrations at a lack of affordable cover...</p>Mon, 04 May 2026 05:32:36 GMTMove to EVs ‘drives up claim costs’https://www.insurancenews.com.au/local/move-to-evs-drives-up-claim-costshttps://www.insurancenews.com.au/local/move-to-evs-drives-up-claim-costs<p>Insurance consequences from the shift towards electric vehicles include a higher claims cost severity, according to Taylor Fry...</p>Mon, 04 May 2026 05:32:30 GMTIn-office mandates during fuel crisis ‘beggar belief’https://www.insurancenews.com.au/local/in-office-mandates-during-fuel-crisis-beggar-beliefhttps://www.insurancenews.com.au/local/in-office-mandates-during-fuel-crisis-beggar-belief<p>Not every insurer has heeded employees&rsquo; requests to work from home amid the fuel price crisis, the Finance Sector Union says...</p>Mon, 04 May 2026 05:32:20 GMTInquiry considers ESL replacement modelshttps://www.insurancenews.com.au/regulatory-government/inquiry-considers-esl-replacement-modelshttps://www.insurancenews.com.au/regulatory-government/inquiry-considers-esl-replacement-models<p>The NSW government has established a framework for replacing the emergency services levy with an alternative based on land values but does not have a preferred model among five options, a discussion paper says...</p>Mon, 04 May 2026 05:28:41 GMT